FIXED VS VARIABLE
You’ve got your heart set on the house of your dreams and you couldn’t be happier. Still, in order to actually make it your house, you require financing. Which brings us to the question: which type of financing should you [...]
SHOULD YOU USE A BROKER?
Considering the great number of credit and loan providers, you also have the option of choosing a mortgage broker to assist you in your search for the best financing. Brokers may guide you in selecting suitable credit packages and loans [...]
NATIONAL CREDIT ACT
The Consumer Credit Regulation is controlled by the National Credit Code. While these regulations might appear difficult to comprehend, it’s essential to know how they work, and the way in which they can help you, financial wise. Today, we will [...]
FINANCE YOUR DREAM CAR
Your car is one of the most important acquisitions, after your house. Thus, deciding on a model can be rather challenging, considering the variety of vehicles out there.Concurrently, you shouldn’t let your enthusiasm overshadow your financial decision; on the contrary, [...]
MONETARY POLICY DECISION – OCTOBER 2017
In October, the Federal Reserve of Australia decided to leave the cash rate unchanged at 1.50 percent. A significant reason for the decision was the improvement of the global economy. The Australian trade levels will experience a slight decline in [...]
TAKING ADVANTAGE OF LOW INTEREST RATES
A mortgage usually comes with huge interest rates. However, sometimes there are periods during which these rates are lowered. It goes without saying that you should take advantage of them immediately. It can so happen that you don’t actually know [...]
INTEREST-ONLY MORTGAGES
Today, we will discuss interest-only mortgages, the way in which they work, as well as the risks and benefits associated with making this financial decision. To start with, when it comes to an interest-only mortgage, the repayments will cover the [...]
COMPARISON RATES
Comparison rates are a fantastic way of making sure that you won’t overspend on a loan and that you’re getting nothing but the very best deal there is. You’ll have to check them out no matter if you’ve taken your [...]
CHOOSING YOUR HOME LOAN
We live in a day when no one can go around without a home loan. Sadly, our monthly income doesn’t allow us to pay for a house right off the bat. Therefore, if we want to own a house, we [...]
HOME LOAN FEES
If you thought that home loans only came with “borrow a sum, pay that exact sum back,” you are highly mistaken. A loan is more or less a favour – and no one does favours for free. You’ll still have [...]